DUBLIN--(BUSINESS WIRE)--The "Food Automation Market by Type, Function, Application, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The global food automation market was valued at USD 8.22 billion in 2016 and is projected to reach a value of USD 12.26 billion by 2022, growing at a CAGR of 6.90%. The food automation market is driven by the increasing inclination of consumers towards processed and ready to eat foods, technological advancements in automation and stringent international food safety regulations. The requirement of high capital investment has been considered as the restraining factors for the market.
One of the major drivers for the growth of discrete controllers & visualization segment is contributed due to its comprehensive nature to offer integrated and flexible production options to manufacturers. Control and visualization systems provide smooth manufacturing operations through efficient control and management. Incorporating control systems provides manufacturers with increased productivity and quality by streamlining multiple processes in manufacturing plants. Greater coordination of plant processes is achieved by integrating factory automation with control and visualization tools
One of the driver for growth of packaging & re-packaging segment is the growing food safety concerns among consumers. Automated packaging helps food manufacturers with their challenges of maintaining food safety/ hygiene and quality.
Companies Mentioned
- ABB Ltd (Switzerland)
- Ametek Inc. (U.S.)
- Copa-Data GmbH (Austria)
- Eaton Corporation PLC (Ireland)
- Elwood Corporation (U.S.)
- Emerson Electric Co. (U.S.)
- Festo AG & Co. Kg (Germany)
- Fortive Corporation (U.S.)
- Frontmatec (Denmark)
- GEA Group (Germany)
- Hollysys Automation Technologies Ltd. (China)
- Horner APG LLC. (Hs Motion Group) (U.S.)
- Keb Automation Kg (Germany)
- Mitsubishi Electric Corporation (Japan)
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(10+ Others)
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Food Automation Market, By Type
7 Food Automation Market, By Function
8 Food Automation Market, By Application
9 Food Automation Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/l6klrj/food_automation
